Would be fun to have this as percentagebof median income in the respective country.
Exactly, my retired neighbours sold their house with 3 stories, retail at ground floor (where she worked all her life as hairdresser), workshop for wood work in the basement (where he worked some time and did his hobby) and of course a garden.
Now the are living in a shitty modern apartment as we do, it's 5 years old and some wall are falling appart with cracks are visible from both side, equipement are so cheap they break one after another, seal are already gone in bathrooms and need to be redone properly...
At least the house was sold to a young family and not crushed to do another shitty appartment building like ours.
What happened to Phoenix?
I'm in Switzerland, prices are artificialy higher as everybody has a loamn with 0.5-1.5% interest, strong tax deduction due to the debt and you are never required to reimburst it fully, even when retired so if you decide to fuck banks and buy cash, you will have a huge disadvantage compare to others who play this shitty game.
So unless you are in the top 1% wealthiest in the country (worth almost 7MUSD or more) and you don't care about losing some opportunity gain, then you will not buy without loan. And I feel that it's sick 🤮.
In my country it is mostly, as land is so expensive that promoter build the shittiest cube od concret to sell it as a house, so yes if you get the land you pay already close to a million or more depending of the exact area and then what do you have left for the house itself is usually half of that or less.
Also seeing all the problems people have when building, I would clearly prefer to buy an existing house.
Shit, it tooks 1 day to send the money to buy more but now I was hoping for a second bottom, it's dead now thanks to Peter.
It's still far from a monopoly. Phoenix, Breez, Zeus, Blixt plus you can manually deploy LND or CLN (or eclair) or use Start9, Umbrel, Nodl or anyother to deploy your node. And I'm not even counting the custodial solutions.
It's normal that some goes away, new will come as well.
Zoom out and you will see that it's just recovering from beginning of the year but still 30% below 3 years ago.
But Japanese who sold their BTC in the last month must be happy.
Price goes up 2%: "It's going to 1MUSD by [any date]!"
Price down 20%: "1 BTC = 1 BTC"
🤣
I think that is quite clevet long term but you can be sure they will happily pay when BTC is down but they will complain immediatly if BTC double in price (or more), so yeah, unless your contract is rock solid and they are "forced" to pay the sats price for at least a year (or more).
We had the same in Switzerland for some time. Nothing crashed (except Credit Suisse, but it was much later).
People living middle class life are often poor with debts. So 1 BTC at 1 million USD without debt might bright you in the top of middle class I would say. The only question is, what will you be able to do with 1 BTC?
I had 4 mid and high range mouse from Logitech, 3 of them got the left button failing after some years, 3 ones seems to hold longer but I would not bet it pass the 10 years cap.
My high-end Logitech G keyboard have multiple keys failing (CTRL not holding down, some keys double entry...) after like 6 or 7 years, and I'm not even playing that much on it.
Apparently Logitech want to solve with with trash and replace instead of building it to last forever and be repearable.
Guess which brand I will not pick for my next keyboard and mouse...
Super bullish or super bullshit?
Are you attending Plan ₿ forum in October?
It's his GF really? She doesn't seem as happy as he is.
Accepted by merchants: BTC low, fiat: high
Used by corporations: BTC low, fiat: high
But we will change that and add 2 more green lines!